Kuala Lumpur, 5 February 2021 — Bank Negara Malaysia (BNM) has announced an additional allocation of RM2 billion for the Targeted Relief and Recovery Facility (TRRF), as well as the establishment of a RM200 million Disaster Relief Facility (DRF) 2021. In a statement today, BNM said the additional allocation brings...
Petaling Jaya, 4 February 2021 - CIMB Bank Bhd and CIMB Islamic Bank Bhd have launched CIMB GreenBizReady, a one-stop sustainability solution for Malaysian small and medium enterprises (SMEs) looking to start and progress on their sustainability journey. With an allocation of RM250 million, SMEs will be empowered through financial solutions...
Kuala Lumpur, 4 February 2021: In a sign of the global payments industry’s increasing pace of consolidation and acquisition, LuLu Financial Holdings – a prominent UAE based holding company with investments in financial services and fintech products worldwide, has taken a 70.83% stake in Malaysia’s NS Cashpoint – a...
Kuala Lumpur, 3 February 2021 - After two successful editions of the Cyberjaya Startup Summit in 2018 and 2019, the team behind the summit is bringing you the rebranded KL Startup Summit 2021, with its first edition being held from 26th-28th March 2021. The virtual summit is being held in...
Kuala Lumpur, 3 February 2021 - The Malaysia Healthcare Travel Council (MHTC) has signed a Memorandum of Understanding (MoU) with digital healthcare platform, DoctorOnCall, to facilitate continuity of patient care. The collaboration sees MHTC’s 75 member hospitals getting access to the platform’s digital healthcare capabilities to provide telehealth services, allowing...
Kuala Lumpur, 2 February 2021 - The KL Hawkers and Petty Traders Association and e-commerce platform Shopee will be working together to bring Petaling Street traders online in time for the upcoming Chinese New Year (CNY) celebration. The initiative called “Petaling Street Goes Ong-Line” will see participating traders being promoted under the “Buy Malaysia” initiative on Shopee, allowing...
Kuala Lumpur, 2 February 2020 - NickMetrics has recently announced a foray into the insurance sector with an investment in Fincrew, Malaysia's leading online auto insurance platform. With this investment in auto insurance, Fincrew is now a part of the strategic investment group and NickMetrics portfolio. Fincrew is an...
Kuala Lumpur, 2 February 2021 – Pharmatech firm Goobat Sdn Bhd has become Malaysia's first online pharmacy to accept Bitcoin on its local e-commerce store Goobat.care. "There is a growing number of cryptocurrency enthusiasts in Malaysia. In fact, we have listened and learnt that there is an increasing demand from...
Kuala Lumpur, 1 February 2021 – PETRONAS has maintained its position as the most valuable ASEAN brand in the Brand Finance Global 500 report this year, and remained in the ninth spot amongst the brand valuation consultancy’s listing of global Oil and Gas (O&G) brands. PETRONAS ’Brand Strength Index (BSI)...
Kuala Lumpur,1 February 2021 – FWD Takaful Berhad (”FWD Takaful”) today announced the launch of FWD Income First, its latest family takaful plan that combines savings and protection within one plan. FWD Income First offers an annual Guaranteed Cash Payment (GCP) benefit to help customers meet their financial goals....